Matt said he could flip a quarter and make it land on heads three times in a row. What percentage chance does he have of being successful in that scenario? (HOW ID YOU GET YOUR ANSWER SHOW YOUR WORK!!) A. 12.5
B. 29
C. 6.23
D. 2 2/3
E. 1/2
F. 22
G. 5.21

a

step-by-step explanation:

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so

step-by-step explanation:

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(a) {a₁, a₁r, a₁r², … a₁rⁿ⁻¹, …}

(b) $59 398

step-by-step explanation:

(a) the annual sequence of profits

aₙ = a₁rⁿ⁻¹

the model for the sequence of profits is {a₁, a₁r, a₁r², … a₁rⁿ⁻¹, …} .

(b) profit after 15 yr

  a₁ = $ 30 000

  r = 1.05

a₁₅ = 30 000 × 1.05¹⁴

a₁₅ = 30 000 × 1.979 93

a₁₅ = $59 398

the profit in year 15 will be $59 398.